SCT 0.00% 0.8¢ scout security limited

Security is a massive industry and this being a tech based...

  1. 1,196 Posts.
    Security is a massive industry and this being a tech based company offering much easier to set up options is drawing my attention to invest here, mainly because:

    Scout is a recurring revenue business. Scout offers a cellular backup subscription plan for US$9.99 per month and a 24/7 police dispatch subscription for US$19.99 per month. These plans can also be purchased on an annual basis at a discount.

    Scout’s average hardware order is US$420. Each order is specifically catered to the end user’s security needs because each buyer is walked through Scout’s online system builder. The Scout hub retails for US$129. The Scout Door Panel retails for US$69. The Scout Motion Sensor and Access Sensor retail for US$49 and US$29, respectively. This core hardware is what Scout believes gives consumers a best-in-class home security experience.

    The Company currently holds three design patents (USD728395, USD744883 and USD744884) in the United States

    In the financial year ended 2016, Scout’s revenue grew 267% from the previous financial year (from US$691,976 in 2015 to US$1,853,956 in 2016

    Shares to be issued under the Public Offer 25,000,000

    DYOR
 
watchlist Created with Sketch. Add SCT (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $1.859M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 148115 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 86616 1
View Market Depth
Last trade - 16.12pm 28/03/2024 (20 minute delay) ?
SCT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.